Latest Updates on Bank Employees Wage Revision : Wage Revision Status

Latest updates on Bank Wage Revision: Indian Banks Association (IBA) has now invited the UFBU (United Forum of Bank Unions) for bilateral talks on the contentious issue of long-term wage accord in the banking industry in the country. The talks between IBA & UFBU will take place on … [Read more...]

Bank Wage Revision Talk Failed : Banks to Go on Strike

The talks between Indian Bank's Association (IBA) and the United Forum of Bank Unions (UFBU) before the Chief Labour Commissioner (CLC) have failed, as IBA failed to give any improved wage revision offer. With this the proposed strike on 10th & 11th February 2014 is almost certain now. The … [Read more...]

DA of Bank Emloyees from August 2014 : Huge Increase in DA

DA of Bank Employees from August 2014: Increase in Dearness Allowance: In the midst of gloomy wage revision scenario of the Bank Employees here is some relief. The Dearness Allowance of the Bank Employees is likely to increase by 33 slabs for the months of August 2014 to October 2014. Here are the … [Read more...]

Bank Wage Revision Latest Updates : Salary Revision of Bank Employees

Current Status of Bank Salary Wage Revision (latest News, Settlement News, Negotiations, Salary Hike): The salary revision of Bank Employees is due from 01.11.2012, however till now there has not been any significant sign or development and it is still not clear when the much awaited wage revision … [Read more...]

New Rules May Allow Foreigners to Take Over of Indian Banks

Ever since the new RBI Governor has taken the charge, there have been positive changes in the Indian Economy. Whether it is a coincidence or result of the decisions taken by the RBI Governor Raghuram Rajan, is a matter of debate. Now the RBI is coming up with another major change which may have … [Read more...]